We purchased a property, signed contract for a 45-day SoW (cosmetic rehab, add AC) and after about 30 days it's been radio silence.We have been pretty patient and now at 60-days past closing we've engaged another local PM who is going to be re-keying, assessing rehab status and taking over from here.I think similar to OP there's nothing particularly nefarious or shady going on here, but the follow-through and ability to land a deal is significantly lacking with this team.

While I might not be the first person you'd think of reaching out to, I'm here to lend an ear, to engage in a dialogue, I've seen operators commit suicide over this and some flee the country check I don't think either are viable actions.

I'm looking forward to any and all engagement on this post!

Knowing zoning laws, property taxes, and landlord-tenant laws will help you navigate potential pitfalls.To expand your knowledge, engage with real estate investing websites and forums such as Bigger Pockets.

Looking forward to engaging with you all and being a part of this incredible community!

I'm currently working on scaling up quickly through purchasing large SFR portfolios and/or apartments, and I'm in preliminary talks with a few sellers willing to carry back a seller 2nd note of 20-30% (i.e. the down payment).I'm looking for a lender that will move forward in financing the initial 70-80%, in 1st position, alongside a seller 2nd of the remaining 20-30%, totaling 100% CLTV.

Purchasing notes at a discount to “capture” the early payoff windfallFor those willing to be more active, engage in study and education, and have the time, wealth building can be accelerated by using techniques such as1.

Hello @Tanner Sortillo,They could look at picking up two properties instead of just one—maybe a new construction alongside a turnkey property.

Purchase price: $58,500 Cash invested: $55,000 Sale price: $155,000 Contributors: Peter Vekselman Partner Driven, alongside our partner Billy Medlen, purchased a home on Buffalo Rd in Crocker, MO on 2/1/2024 for $58,500.

Purchase price: $58,500 Cash invested: $55,000 Sale price: $155,000 Contributors: Peter Vekselman Partner Driven, alongside our partner Billy Medlen, purchased a home on Buffalo Rd in Crocker, MO on 2/1/2024 for $58,500.